all of us realize, i think, a tax increase at this point, would be devastating to our economy, a tax increase, even focused on the top 2 tax brackets, will kill 700,000 job, not ceo, top 1% jobs, those are men and women who are working hard and living paycheck to paycheck who can hardly afford to absorb the economic impact of a job loss. so much of the conversation is focused on the tax rates. you are concerned that there is not enough about the federal spending? >> yes, especially given the fact that the president's proposal doesn't really take seriously, the spending side of the equation. in fact, the president's proposal, actually contemplates a send spinning ib crease, not cuts. we have to remember that ultimately woo what we have is not a revenue problem, as much as it is a spending problem. that's where we have to be focused and the president is decidedly not focused. >> we wish you all the best in finding a solution. thank if you are your time. >> thank you, shannon. >> still to come on america's news headquarters, fiscal cliff fiasco. enough about tax rates going up, the outr